Corporate Insolvency
Specialist advice on corporate insolvency
At Cullen & Co, Epsom, our team is on hand to provide free initial advice and thereafter guide you through every step of the process. Please get in touch with us to discuss your options.
What options does a company have to be rescued?
Company Voluntary Arrangement (CVA)
A CVA
provides breathing space for the company; enabling it to improve cash flow by coming to an arrangement with its creditors.
Administration
An administration order provides protection from its creditors and breathing space for the company, enabling a licensed insolvency practitioner to assist and propose a plan to restructure or sell the business and assets.
What option does the company have if it cannot be rescued?
If, after seeking advice, the conclusion is that the company cannot be saved, then it is the directors' duty to take steps to place the company into Creditors’ Voluntary Liquidation (CVL). If the directors do not take these steps, then the creditors can petition to wind up the company in court, forcing the company into compulsory liquidation.
Contact
Our insolvency advisors can handle all types of corporate insolvency issues and can help you discover the right solution. We serve clients in Epsom, London and throughout the South East.
For clear advice on corporate insolvency in London, call Cullen & Co on
0203 8877 200
Cullen & Co UK Limited is a limited liability company registered in England and Wales with registration number 10496128.
Registered Office: 197 Kingston Road, Epsom, Surrey, KT19 0AB
Registered Office: 197 Kingston Road, Epsom, Surrey, KT19 0AB
Directors: Lauren R Cullen MAAT FCA MABRP and Anthony J Cullen BSc (Hons).
Consultant: T J Thompson
L R Cullen is licensed as an insolvency practitioner in the UK by the Institute of Chartered Accountants in England and Wales.
| Privacy Policy |
© 2024. The content on this website is owned by us and our licensors. Do not copy any content (including images) without our consent.